Homes for sale - 243 Maryland AVE, Portsmouth, VA 23707

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Charles Barco

charlesbarco@gmail.com +1(757) 690-0770

$ 1,035,000

Est. payment | -/mo

Save

$ 1,035,000

Est. payment | -/mo

Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Port Norfolk

MLS Listing ID 10617169

HOA Y/N No

Year Built 1971

Annual Tax Amount $8,248

Property Description

8-unit brick apartment building with a new roof and 2BR/1BA units. Multiple levers to increase cash flow, including rent adjustments and utility reimbursement. Mostly month-to-month leases offer flexibility. Attractive opportunity for 1031 or long-term portfolio investors. Prime location short distance to the interstate, shipyards, and employment centers keeps demand strong and vacancies low. Please do not disturb residents under any circumstances.

Location

State VA

County Portsmouth

Area 21 - Central Portsmouth

Zoning HR

Interior

Hot Water Electric

Heating Basebd, Electric

Cooling Window/Wall

Flooring Carpet, Ceramic, Laminate/LVP

Exterior

Parking Features 1 Space, Assigned/Reserved

Utilities Available City Sewer, City Water, Electric, Sewer Avail, Water Avail

Roof Type Asphalt Shingle

Building

Story 2.0000

Foundation Slab

Schools

Elementary Schools Waterview Elementary

Middle Schools Churchland Middle

High Schools Churchland

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement

Listed by BHHS RW Towne Realty

+1(757) 690-0770

charlesbarco@gmail.com

One Columbus Center, Suite # 700, Beach, VA, 23462, United States

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